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U.S. Circuit Court of Appeals upheld a 2014 Kansas Supreme Court ruling that said the express carrier violated the Kansas Wage Payment Act in not treating drivers as employees.
United States retail and food services sales were up 1.4 percent in June compared to the previous year, according to advance monthly sales estimates from the U.S. Census Bureau.
Neptune Orient Line, the parent company of ocean carrier APL, said it remains focused on its core liner business.
The second quarter financial results of ocean carriers NYK, MOL and "K" Line reflected a weak Asia-Europe market and strong supply pressure.
The U.S. Senate also passed a long-term highway bill that will be debated by the House after the summer break.
The European Commission will now conduct an in-depth analysis under the EU's merger regulations before coming to a decision on FedEx's $4.8 billion offer to buy TNT.